Urban Company has partnered with Srinidhi foundation to set up a relief fund to provide medical assistance and bereavement support to our partners and their families in these times of crisis.
The fund is established in the memory of our dear colleague and friend Mohit Agrawal who was instrumental in building Urban Company and lost his life to Covid-19.
All contributions will be eligible for 50% deduction under Section 80G of the Income Tax Act. Please read the details below.
What are we doing?
Urban Company, its founders and employees are jointly making a cumulative contribution of INR 1 Cr towards this relief fund
Urban Company will match all contributions rupee to rupee, to double the charity by its employees
The fund will be used to provide medical assistance and bereavement support to partners and their families impacted by the pandemic
80G benefit of this donation
Contributions to the relief fund will be eligible for tax relief under Section 80G under the Income Tax Act for Indian residents and Indian companies.
Under this section, 50% of the contributions made towards charitable trusts (upto 10% of your Adjusted Gross Total Income) will be eligible for exemption.
Please share your PAN card on the payment page for issuance of the 80G receipt.